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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: John Bissell who wrote (12161)	5/2/1999 4:54:00 AM
From: TechnoWiz	Read Replies (1) \| Respond to of 15313

'Scuse me John Bissel, but I thought it was a fairly widely acknowledged fact that Bill, William H Gates III has sold a tremendous amount of Microsoft stock during its tenure as a public company, to the point that had he not sold a single share, he would actually be worth 10's of Billions of Dollars more than he is already worth today. I imagine it must really bother him a whole lot, literally seething over this every day and regretting every bit of it, as he rolls out of bed each morning and trundles off to work to make even more billions... Due to the large number of splits Microsoft has had, Bill Gates has been virtually forced to accelerate his off-loading of MSFT, routinely selling hundreds of thousands of shares every day to fund his foundations etc. and lighten the load a bit. In fact I am sure he has imposed this discipline on himself, because Microsoft has been creating new stock faster than he can sell it, so he has to do this in order to diversify at least some of his gigantic holdings into other areas. Judging by his massive bets in Cable investments a couple of years ago, he is not doing too bad a job at outperforming his own company's growth. In regards to your concerns, one of the World's most successful money managers made some interesting observations regarding long term investments that apply rather appropriately to Financial Intranet and this great thread. 1. The most important rule in successful investing is to always have some exposure to a major growth sector, in fact you can never own enough. As long as you own even only one out of 10 different growth sectors you'll outperform the market by a wide margin. 2. The real way to accomplish this and make money is to try to be a long term investor thinking out 2 - 3 years and try to identify what you believe will be the next great growth wave. 3. Be less venturesome in trading in and out quarter by quarter and more committed to a long term command and control type of game plan. Investors who try to outsmart the market usually end up being outsmarted. 4. Investors who lack having and organized game plan tend to get out of control too easily tend to make errors of judgement and end up losing the game. 5. And the truest statement of all: Worried money never makes money. Financial Intranet does fit the bill as a stock with credible long term growth potential as management executes on its game plan which incidentally was conceived several years ago. Their foresight appears to have placed them rather fortuitously at the forefront of one of the hottest emerging industries of the moment apparently with a quite significant competitive edge. Whilst there have been a few minor infractions, the ability of this management to surprise on the upside on where the company may be headed has already been well documented. For example: For the company to secure a significant long term contract in an exploding industry that is totally unrelated to their core business should be a welcome indication that this is a company absolutely on the right track with almost unlimited potential. The minor day to day fluctuations that appear to give the over abundance of excessively 'worried money' on this thread such cause for concern are insignificant to the big picture. The technical structure of this issue suggests that sooner or later, it will embark on a ferocious up-move that will leave early sellers and profit takers bitterly disappointed should FNTN reach double digits. On that basis it will compare favorably with some of the best investments of the year and and more than make up for its current doldrums. Whether you have noticed this or not, over the past few weeks there is evidence to suggest that the weak holders in this issue are gradually being eroded and replaced by stronger hands and possibly even some institutional interest. This is an exceedingly positive indication. Notwithstanding, as I am sure Don R can attest to, the greater the degree of doubt and worry over this issue the better its prospects will actually be for delivering on a significant up-move. Investors may be spoilt today, but the early days of this bull market were filled with doubt and anxiety. It is a demonstrably provable fact that in mid-December 1994 at the Dow low of 3638.97, the bullish consensus on the outlook for the market registered its 2nd most negative sentiment readings for the entire century, just prior to embarking on the most powerful up-move of all time. A similar albeit less obvious negative sentiment recently occurred at Dow 9200 as a chorus of analysts turned almost universally negative, just before we took off on the most blisteringly fast point run and percentage up-move in Wall St History and some of the most dramatic upward re-valuations of stocks ever seen. When compared to Internet stocks valued in the billions, with little more than a website to show for themselves that continue to lose massive amounts or 'development' money, I believe Financial Intranet will at least be looked upon with some regard as a company of substance, especially as its profile is raised through the soon to be launched publicity campaign. As the number-crunchers begin to figure out the very stark divergence in valuations and improving financials of this company versus the rest of the market, I think this stock could be bid up very aggressively. As recent visitors to the company's headquarters have reported, the impressions they have come away hold great promise for an exciting future. Furthermore, if a fraction of the prognostications of the Dutch economist who visited FNTN late last year are in fact borne out, the above described implications are more than likely to occur. Thanks for your insights John A great weekend to all Best Rgds Wiz